Program to find simple interest

What is ‘Simple Interest’?
Simple interest is a quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.
Simple Interest formula:

Simple interest formula is given by:
Simple Interest = (P x T x R)/100
Where,
P is the principle amount
T is the time and
R is the rate

Examples :

EXAMPLE1:
Input : P = 10000
        R = 5
        T = 5
Output :2500
We need to find simple interest on 
Rs. 10,000 at the rate of 5% for 5 
units of time.

EXAMPLE2:
Input : P = 3000
        R = 7
        T = 1
Output :210

The formula to calculate the simple interest is: simple_interest = (P * T * R) / 100 where P is principal amount, T is time & R is rate of interest.

C++



filter_none

edit
close

play_arrow

link
brightness_4
code

// CPP program to find simple interest for
// given principal amount, time and rate of
// interest.
#include<iostream>
using namespace std;
int main()
{
    // We can change values here for
    // different inputs
    float P = 1, R = 1, T = 1;
  
    /* Calculate simple interest */
    float SI = (P * T * R) / 100;
  
    /* Print the resultant value of SI */
    cout << "Simple Interest = " << SI;
  
    return 0;
}

chevron_right






                        filter_none









Java














                                    filter_none




                                    edit

                                    close




                                    play_arrow




                                    link

                                    brightness_4

                                    code
                                




















// A Simple JAVA program to compute  


// simple interest for given principal 


// amount, time and rate of interest. 


import java.io.*; 


  


class GFG 


{ 


    public static void main(String args[]) 


    {    


        // We can change values here for 


        // different inputs 


        float P = 1, R = 1, T = 1; 


          


        /* Calculate simple interest */


        float SI = (P * T * R) / 100; 


        System.out.println("Simple interest = "+ SI); 


    } 


} 


  


// This code is contributed by Anant Agarwal. 



















                        chevron_right







                        filter_none









Python3














                                    filter_none




                                    edit

                                    close




                                    play_arrow




                                    link

                                    brightness_4

                                    code
                                




















# Python3 program to find simple interest 


# for given principal amount, time and 


# rate of interest. 


  


# We can change values here for 


# different inputs 


P = 1 


R = 1 


T = 1 


  


# Calculates simple interest  


SI = (P * R * T) / 100


  


# Print the resultant value of SI  


print("simple interest is", SI) 


   


# This code is contributed by Azkia Anam. 



















                        chevron_right







                        filter_none









C#














                                    filter_none




                                    edit

                                    close




                                    play_arrow




                                    link

                                    brightness_4

                                    code
                                




















// A Simple C# program to compute  


// simple interest for given principal 


// amount, time and rate of interest. 


using System; 


  


class GFG { 


      


    // Driver Code 


    public static void Main() 


    {  


          


        // We can change values here for 


        // different inputs 


        float P = 1, R = 1, T = 1; 


          


        // Calculate simple interest  


        float SI = (P * T * R) / 100; 


        Console.Write("Simple interest = "+ SI); 


    } 


} 


  


// This code is contributed by Nitin Mittal. 



















                        chevron_right







                        filter_none









PHP














                                    filter_none




                                    edit

                                    close




                                    play_arrow




                                    link

                                    brightness_4

                                    code
                                




















<?php 


// PHP program to find simple interest 


// for given principal amount, time  


// and rate of interest. 


  


// We can change values here for 


// different inputs 


$P = 1; 


$R = 1; 


$T = 1; 


  


/* Calculate simple interest */


$SI = ($P * $T * $R) / 100; 


  


/* Print the resultant value of SI */


echo "Simple Interest = ". $SI; 


  


// This code is contributed by Sam007 


?> 



















                        chevron_right







                        filter_none










Output :


Simple Interest : 0.01



This article is contributed by Anurag Rawat. If you like GeeksforGeeks and would like to contribute, you can also write an article using contribute.geeksforgeeks.org or mail your article to contribute@geeksforgeeks.org. See your article appearing on the GeeksforGeeks main page and help other Geeks.


Please write comments if you find anything incorrect, or you want to share more information about the topic discussed above.


Don’t stop now and take your learning to the next level. Learn all the important concepts of Data Structures and Algorithms with the help of the most trusted course: DSA Self Paced. Become industry ready at a student-friendly price.





    

        My Personal Notes
        arrow_drop_up
    

    

        
        

            
            
        

    


Recommended Posts:

Improved By :  nitin mittal, Sam007